Guaranteed Rights for Shareholders
In October 2014 ShareSoc launched a campaign to give full rights to ALL shareholders.
Update 10 August 2022
Sir Douglas Flint has been appointed by the Chancellor to head the Digitisation Taskforce. We are very pleased at this progress. His appointment was one of the recommendations of the Secondary Markets Fund Raising Review published on 26 July:
this recommended significant changes to the nominee system and dematerialisation, which we lobbied for during this review and previously to BEIS, Law ...
The Group Litigation Order (GLO) request was heard in court between 15th and 20th December 2022. The request was a joint submission by Leigh Day and Harcus Parker, with a subsequent request from RGL to be included.
Surprisingly, the judge decided against granting a GLO, favouring instead bespoke case management by the court, and requested by the defendant, Link. This means that there won’t be any imminent deadline for registering with a claim.
The claims will still be run on ...
This campaign is aimed at improving the quality of the companies listed on the AIM market managed by the London Stock Exchange and reforming some of its operations so that investors are less likely to lose money as a result of investing in AIM companies.
How the AIM Market Should be Improved
This campaign was launched with a press release in June 2016 (although the problems of the AIM market have been long-standing). It said the following:
The AIM market, which is run by ...
Directors’ pay is too high in many cases and needs to be reduced. High pay is looking increasingly like it is politically unacceptable and this may lead to a backlash of business regulation that will be detrimental to investors.
This campaign is aimed at improving the quality of remuneration arrangements of the companies listed on the Main London stock market, and the AIM market managed by the London Stock Exchange, so that:
i. investors are less likely to lose money as a result of investing ...
ShareSoc has established this group to support former clients of SVS Securities who are experiencing difficulties in recovering their assets. If you would like our support, or to help other SVS clients, please join our SVS Support Group.
The objectives of this group are:
To provide assistance to former SVS clients who are experiencing difficulties
To investigate the causes of undue delays in the recovery of assets, with a view to preventing recurrences in future Special Administrations of custodians.
Almost all assets of ...
We appreciate it has been a while since we have been able to provide an update regarding our investigation into the potential to make a claim or claims for legal redress for Sirius Shareholders.
We are currently continuing to pursue a line of investigation, following legal advice, however, unfortunately this is an extremely time-consuming process and at this stage, regrettably, there is nothing substantive that can be shared.
We would, however, like to reassure you that we are working extremely hard in ...
Update on latest news
- Report on 23 March 2021 Webinar - click here
- 16 March 2021 - Ventus and Ventus 2 VCT UPDATE - click here
- Report on 26 Feb 2020 meeting and action plan click here
The Purpose of the Group is to improve the returns of investors in VCTs.
To provide guidelines of what Group members think is best practice, e.g. management fees, performance fees, directors’ tenure and independence.
To provide advice for investors on specific VCTs, by
ShareSoc is very concerned by proposed changes to the Albion Venture Capital VCT (AAVC) fees charged by its investment manager Albion Capital. We have therefore launched this campaign, seeking members to vote against various resolutions at the Albion Venture Capital AGM on 21 August 2019. In addition we seek to persuade the Albion Venture Capital directors to agree a better deal with the investment manager.
Join the campaign
Description of the campaign
Information and Updates About the Campaign
The general ...
ShareSoc and UKSA have now paused this campaign because RBS are now engaging better with shareholders and have announced a programme of 4 events a year specifically focussed on engagement with individual shareholders. You can find further details here: RBS Shareholder Committee Campaign – Update 17
ShareSoc has advocated the implementation of Shareholder Committees since our inception in 2011. Recently this initiative has received support in the form of the Government's November 2016 Green Paper on Corporate Governance, and in the form of ...
Bacanora has now been taken over by Ganfeng who have received acceptance by 90.3%
We have achieved our objectives and the concerned investors were able to have their views heard, they met with management and an increased offer was made by Ganfeng (albeit it was only c 9% extra, and some campaingers wanted much more).
The campaign has now concluded.
Urgent update from THINK BIG to all Bacanora Shareholders - Please click here to read
Think BIG send Open Letter ...